Everybody seems to be suing everybody else these days. What if someone sues my business?

Operating a business is hard enough without having to worry about the cost of defending your company against lawsuits. Suing a business is not at all an unusual occurrence. Every day, thousands of customers slip and fall in grocery stores. People get food poisoning when they are served tainted food in restaurants. Objects fall off tall shelves and hit people on the head. 

As a business, you never know when someone is going to get hurt and decide to sue. In order to protect against the very real possibility of lawsuits, every business that does not want to assume the financial risk, must have business insurance. 

Liability insurance, whether purchased under a separate Commercial General Liability policy or as part of a standard business owners policy, covers personal bodily injury, property damage, and advertising injury. In order for a plaintiff to be able to collect on a lawsuit, he or she must have been injured, in some manner, as the result of an act, or failure to act by the defendant (business).  

Business insurance will pay-out legitimate claims and also pay the costs to defend a business against lawsuits. Even frivolous lawsuits can be costly. To find out more about what kind of business insurance you might need, please contact Stromsoe Insurance Agency.

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